Qualcomm announced the layoff of 269 employees in the US. The cuts are centered around the company's Centriq processor division. The chip designer hoped to disrupt the cloud provider market with a line of ARM-based server processors, but this plan did not come to fruition. After the latest round of job cuts, the Centriq project is left with little more than a small skeleton staff.
The Register writes the Centriq dream may still live on, but in China. Qualcomm will continue to let Guizhou Huaxintong Semiconductor Technology Co, Ltd (HXT) develop the technology.
"Qualcomm is reducing our investments in the data center business but remains committed to business obligations and upcoming compute opportunities at the edge of 5G networks and AI inference cloud solutions," a spokesperson told The Register over the weekend. "Qualcomm plans to continue supporting the HXT server joint venture in China. We are fully focused on executing on our 5G program."